BlueStone Jewellery Shares Shine with Strong Market Debut

BlueStone Jewellery and Lifestyle's stock closed with a 5.60% premium on debut, marking a strong market presence despite initial dips. Their IPO, heavily subscribed, fetched Rs 1,540.65 crore, aimed at funding working capital and corporate purposes. BlueStone has grown substantially since its 2011 inception with a nationwide retail network.

Devdiscourse News Desk | New Delhi | Updated: 19-08-2025 17:35 IST | Created: 19-08-2025 17:35 IST

BlueStone Jewellery Shares Shine with Strong Market Debut — This image is AI-generated and does not depict any real-life event or location. It is a fictional representation created for illustrative purposes only.

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BlueStone Jewellery and Lifestyle Ltd concluded its market debut on a high note, with shares closing at a premium of nearly 6% at Rs 546, despite initial trading setbacks.

The jewellery brand, known for its contemporary designs, witnessed its stock opening at Rs 508.80 on the BSE, down 1.58% from its issue price. However, it rallied during the session, reaching an intra-day peak of Rs 564.

The company's strong market performance follows an IPO well-received by investors, raising Rs 1,540.65 crore with a price band of Rs 492-517 per share. Proceeds are earmarked for bolstering working capital and corporate objectives.

(With inputs from agencies.)